New home construction has seen an increased number of residences located in areas facing threats from natural disasters since 2020, including risks associated with fires, droughts and floods. A new analysis from real estate brokerage firm Redfin shows that while 14% of remaining homes built from 1900 to 1959 face fire risk, that figure is […]

A recent National Association of Homebuilders (NAHB) analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. That’s up 0.2% over the upwardly revised April estimates of $935.9 billion. On a year-over-year basis, total private construction spending was 19% […]

Construction employment exceeded pre-pandemic levels in 32 states in February, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials warned the gains may be undermined if skyrocketing materials costs and delayed shipments cause owners to postpone or cancel projects. “Construction is doing well at the […]

A new analysis by digital homeownership platform Knock finds that most American households are being priced out of the new home market even as builders shift their focus to smaller homes to accommodate the entry-level market. With home prices soaring and new construction typically 20% more expensive than existing homes, Knock compared the median household […]